DWP consults on DB surplus release rules
The government has launched a consultation on new rules designed to make it easier for well-funded DB schemes to release surplus funds to sponsoring employers and members. The Department for Work and...
DB
Cartwright Pension Trusts appoints senior pensions administrator
Cartwright Pension Trusts has appointed Scott Wright to the role of senior pensions administrator. Wright will be based in the Chelmsford office of the firm, which specialists in defined benefit and hybrid...
2026 set to be “pivotal” for pension superfunds
A number of key factors means that 2026 will prove to be a turning point for the superfund market, according to research by consultancy Lance Clark & Peacock. These factors include greater...
Misalignment between trustees and sponsors on endgame strategies and surplus sharing: WTW
One in two of the largest DB schemes are now looking to run on, due to improved funding and legislative changes that will allow for surplus extraction. This goes against wider trends...
Schemes warned DB surplus extraction may be less than anticipated: PPI
Surplus extraction from defined benefit schemes is likely to fall short of sector expectations, and could be less than previous headline estimates, according to a new report from the Pensions Policy Institute. ...
Trustees urged to focus on data reliability as scheme funding improves: PwC
Defined benefits schemes continue to report improved funding positions across low-dependency, buyout and superfund measures, despite wider difficulties in the economy, according to the latest Pension Funding Index from PwC. Its data shows the...
DB schemes targeting wider range of endgame options: Aon
More DB schemes have set an endgame target, but there are a wider range of options now being considered, according to the latest research from Aon. Its latest Endgame Survey, conducted among...
Standard Life completes £200m buy-in with Abbey Life pension scheme
Standard Life has completed a £200m bulk purchase annuity transaction with Abbey Life, securing the benefits of 1,584 members of its staff pension scheme. The transaction, which completed in April 2026, and...
SPP calls for Pension Protection Fund to become “legacy institution”
Rising amounts of defined benefit schemes in surplus coupled with significant reserves held in the Pension Protection Fund means it can transition from a needed ‘life boat’ for bankrupt schemes and instead...
Top 10 trustee firms oversee more than £1 trillion in assets
The largest 10 professional trustee firms now oversee almost half of UK DB pension assets with assets — up from just under a third in 2020. In total these firms oversee 2,400...
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